what is wrong with you guys Amc having shares avalible to trade is a good thing and here is why
AA never said he was going to introduce all those shares into market, if he does release shares it will be to pay down debt or to raise capital. Bankruptcy is off the table. power house of movies are hitting theatres profit is now a thing popcorn will be avalible at many stores not just walmart. He is steering the ship in the right direction. there would not be so much negativity if it wasn't a positive move. I may not be the smartest Ape. If the company is profitible then their whole thesis no longer applies. 3rd quarter already looks to be a killer to their thesis. $AMC Entertainment (AMC.US)$ $AMC Preferred Equity Unit (APE.US)$
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Expendabiggles : If he ACTUALLY pays the debt off I will eat my fuk’n hat. That sombish ain’t gonna pay off nothing. He wants to dilute this company to hell so it WILL go bankrupt! Just like toys r us and sears. Best case, the company is pulling in profits and they sell it to some other mega bank or conglomerate. I wish Elon would offer to buy it and announce he was going to make every AMC into charging stations with movies. That would absolutely behead the shorts. But no one is coming to save us. This fiasco will never stop until the market makers have killed this company. It went from them hoping it’d go bankrupt and trying to help it along to FORCING it! Thanks for nothing AA! But I can tell you right now, when this company goes, along with the economy, so does wallstreet and the biden admin. Poof - vaporized. Unless nobody been watching the last 8 years of “mostly peaceful protests” burnin sh*t down.